Overview
What is Charitable Found For Enlargment Pr And/Or Acquis Of Phys Assets Ssumc?
Charitable Found For Enlargement Pr And/Or Acquis Of Phys Assets Ssumc is a nonprofit organization that aids Southside United Methodist Church in Jacksonville, Florida. Their primary function is to provide financial assistance for the upkeep, repair, and expansion of the church's facilities. This support is in the form of direct payments made to the church from the foundation's funds. The foundation itself is headquartered in Naples, Florida.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61% (Two-Star out of Four Star rating)
The Charitable Found For Enlargment Pr And/Or Acquis Of Phys Assets Ssumc has received a 61% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization boasts a fully independent board, with 100% of its members meeting the criteria for independence, which enhances its governance structure.
Strengths of the charity include a strong liability to assets ratio of 0.00%, indicating no financial liabilities, and a high program expense ratio of 60.29%, which shows that a substantial portion of its expenditures goes directly to its programs. Additionally, the organization documents its board meeting minutes, reflecting a level of transparency in its operations.
However, the charity faces limitations, particularly in its lack of key policies. It does not have a conflict of interest policy, whistleblower policy, or document retention and destruction policy in place, which could raise concerns about its governance practices. Furthermore, the absence of its tax form on the nonprofit's website is a notable transparency issue.
This AI summary has been generated from information found on Charity Navigator.
Is Charitable Found For Enlargment Pr And/Or Acquis Of Phys Assets Ssumc legitimate?
Charitable Found For Enlargment Pr And/Or Acquis Of Phys Assets Ssumc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charitable Found For Enlargment Pr And/Or Acquis Of Phys Assets Ssumc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $0
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What is the mission statement of Charitable Found For Enlargment Pr And/Or Acquis Of Phys Assets Ssumc?
The Charitable Found for Enlargement of Property and/or Acquisition of Physical Assets Ssumc aims to support a specific entity, Southside United Methodist Church. Its mission is to provide financial assistance for the maintenance, repair, and expansion of the church's facilities. The foundation accomplishes this by transferring funds directly to the church located in Jacksonville. The organization's purpose is to contribute to the upkeep and growth of the church's physical infrastructure.
What is the revenue of Charitable Found For Enlargment Pr And/Or Acquis Of Phys Assets Ssumc?
Charitable Found For Enlargment Pr And/Or Acquis Of Phys Assets Ssumc's revenue in 2023 was $194,754.
Who are the executives of Charitable Found For Enlargment Pr And/Or Acquis Of Phys Assets Ssumc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Charitable Found For Enlargment Pr And/Or Acquis Of Phys Assets Ssumc?
Charitable Found For Enlargment Pr And/Or Acquis Of Phys Assets Ssumc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Charitable Found For Enlargment Pr And/Or Acquis Of Phys Assets Ssumc
The Charitable Found for Enlargement of Property and/or Acquisition of Physical Assets Ssumc, in its mission, supports Southside United Methodist Church. This foundation aims to provide financial assistance for the maintenance, repair, and expansion of the church's facilities. The funds are directly transferred to the church in Jacksonville, enabling the institution to upkeep and enhance its premises effectively. This support enables the church to continue its operations and serve its community more effectively. The foundation's mission is instrumental in ensuring the church's physical infrastructure remains in excellent condition, thereby contributing to a conducive environment for religious activities and community engagements.
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Impact
October, 2024
The Charitable Fund for Enlargement PR and/or Acquisition of Physical Assets Ssumc significantly impacts the Southside United Methodist Church by ensuring the ongoing maintenance, repair, and expansion of its facilities in Jacksonville. By providing direct financial support, the fund enables the church to enhance its physical environment, which can foster a more inviting and functional space for the congregation and the broader community.
This investment in the church's infrastructure can lead to increased participation in church activities and programs, creating a more vibrant community hub. Moreover, by facilitating upgrades and repairs, the fund helps preserve the church's historical and cultural significance, ensuring it remains a vital part of the local landscape for future generations. Overall, the fund's contributions directly translate into a strengthened religious community and enhanced service offerings.
This information is meant to be a general summary of Charitable Found For Enlargment Pr And/Or Acquis Of Phys Assets Ssumc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $73,248
- Gross Receipts: $651,228
Assets and Liabilities:
- Total Assets: $2,357,745
- Total Liabilities: $0
- Net Assets: $2,357,745
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Organization Details
Principal Officer
John Langley
NTEE Category
Code: X110 - Religion related
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